July 31 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Headlines
- JD.com ( JD ) launches 2.2 billion-euro offer for German
electronics retailer Ceconomy
- Arm to explore designing its own chips, CEO says
- Top Republican lawmaker to lead congressional delegation
to Taiwan
- Iveco ( IVCGF ) to sell defence and truck units in deals worth 5.5
billion euros
Overview
- Chinese ecommerce group JD.com ( JD ) has launched a
takeover bid for German electronics retailer Ceconomy,
in what could be one of the largest Chinese acquisitions in
Europe in recent years.
- UK chip company Arm confirmed it was exploring
the idea of launching its own chips on Wednesday in a move that
would represent a significant shake-up in its relationship with
big customers such as Nvidia ( NVDA ).
- U.S. Republican Senator Roger Wicker, chairman of the
Senate Armed Services Committee, will lead a congressional
delegation to Taiwan in August.
- India's Tata Motors will buy Iveco ( IVCGF ) in a
deal valued at 3.8 billion euros ($4.34 billion), the companies
said on Wednesday, after the Italian truckmaker separately
agreed to sell its defence business to Leonardo.
($1 = 0.8755 euros)
(Compiled by Bengaluru newsroom)